Banana producers operating in Cameroon exported 20,496 tons of banana In January 2021, says data published by the Banana Association of Cameroon (ASSOBACAM). This volume is down 466 tons compared with the 20,962 tons exported in 2020.
This decline in exports, despite the resumption of the operations of Cameroon Development Corporation-CDC (the state-owned company which only restarted operations in June 2020 after several months of suspension) is due to the performance of market leader Plantations du Haut Penja.
PHP’s exports fell by 1,758 tons year-on-year ( from 19,253 tons in January 2020 to 17,495 tons in 2021). Between the two periods, the exports of market minnows Boh Plantations also decreased by 240 tons (from 1,709 tons in January 2020 to 1,469 tons in January 2021).
Despite this drop (probably due to the dry season), the country’s banana exports will probably rise in the coming months. Indeed in the months following its activity resumption, CDC’s banana exports have been rising gradually. From 301 tons of banana exported in June 2020 after it resumed operations, the state-owned company’s banana exports rose to 1,500 tons in January 2021.
Source: businessincameroon.com
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